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resipsaloquitur@lemmy.cafe to Leopards Ate My Face@lemmy.worldEnglish · 1 day ago

U.S. farmers face $31 billion in losses as Iran war drives diesel and fertilizer costs up

finance.yahoo.com

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  • cross-posted to:
  • politics@lemmy.world
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U.S. farmers face $31 billion in losses as Iran war drives diesel and fertilizer costs up

finance.yahoo.com

resipsaloquitur@lemmy.cafe to Leopards Ate My Face@lemmy.worldEnglish · 1 day ago
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  • cross-posted to:
  • politics@lemmy.world
The Iran conflict is not helping already struggling U.S. farmers, and here’s why.

cross-posted from: https://lemmy.blahaj.zone/post/47390358

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  • echo@lemmy.today
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    1 day ago

    They voted for this…

    • pageflight@piefed.social
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      A clear case of broken

      • MinnesotaGoddam@lemmy.world
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        10 hours ago

        we call this the mendozas. but you gotta get the hand motions in and everything

        NSFJ (Not Safe For Jasons)

        Your browser does not support playing HTML5 video. You can download the file instead.

    • NaibofTabr@infosec.pub
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      Yeah, great, I’m sure that’ll be comforting for everyone who didn’t vote for it, when they can’t afford to buy the small amount of food that gets produced.

      • SaharaMaleikuhm@feddit.org
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        Eat the rich instead

        • MinnesotaGoddam@lemmy.world
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          10 hours ago

          that’s a very comfortable thing to say with a full fridge. let them eat the rich.

  • obviouspornalt@fedinsfw.app
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    1 day ago

    y’all are looking at this the wrong way. the oil and oil shipping industry is looking an additional $31B in profit for no additional investment! Winning!

    • RememberTheApollo_@lemmy.world
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      6 hours ago

      Social media is full of idiots that think:

      Oil companies have some kind of loyalty to the US and that’s why (whatever marginally lower gas price where they live is the way it is despite it still being 30% higher than a year ago and they ignore their power bill) or they should “just lower prices.”

      Flock cams are simultaneously good for keeping an eye on the “usual suspects” while they also claim the corporations running them are beholden to the 4th amendment and cannot be used against the white person talking about it.

    • VieuxQueb@lemmy.ca
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      12 hours ago

      Aren’t you getting tired of winning so much !

  • T00l_shed@lemmy.world
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    1 day ago

    Thanks, Obama

    • SW42@lemmy.world
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      1 day ago

  • BeardededSquidward@lemmy.blahaj.zone
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    1 day ago

    After watching Farming While Beige and reading into farmers, yeah nah, they’ll be fine.

  • switcheroo@lemmy.world
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    1 day ago

    And they’ll do it again.

  • DioramaOfShit@lemmy.world
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    1 day ago

    Thats okay. Government bailout per usual

    • im_fine_sandy@nord.pub
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      17 hours ago

      Actually the bond market is showing signs that the US really cant afford to bail out much of anything.

      • resipsaloquitur@lemmy.cafeOP
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        10 hours ago

        Not how fiat currency works.

        • im_fine_sandy@nord.pub
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          8 hours ago

          Oh yeah, because currency is just numbers on a computer right? Why bother with these pesky bonds and yield rates at all. Just fire anyone who says you can’t spend your way out of bad headlines.

          • resipsaloquitur@lemmy.cafeOP
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            8 hours ago

            Haha, yes, unironically.

            https://jacobin.com/2026/09/bond-markets-securities-interest-treasury-fed

            • im_fine_sandy@nord.pub
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              8 hours ago

              Spare me the tech-bro finance.

              Yes the fed does set yield rates but there are grave consequences to unreasonable manipulations - it’s the antithesis of the role of the central bank.

              • resipsaloquitur@lemmy.cafeOP
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                6 hours ago

                “Tech-bro finance”?!

                Stephanie Kelton, a leading economist who teaches MMT, couldn’t be any further from tech bros.

                You just don’t understand money. 😄

                • im_fine_sandy@nord.pub
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                  5 hours ago

                  That’s contrary to the consensus.

    • kibblebits@quokk.au
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      One of these days there won’t be a bail out and everything will just catch fire and the whole country will die.

  • Prairie_Madness@lemmy.world
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    But hey, they got to wear a special red hat and own the libs

    • MinnesotaGoddam@lemmy.world
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      i wonder if this similarity will be enough to dissuade half of their membership

  • IAmYouButYouDontKnowYet@reddthat.com
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    deleted by creator

    • Boomer Humor Doomergod@lemmy.world
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      They’re killing off all but the largest farmers to consolidate land under fewer people.

      And, yes, if you can make a living at farming you’re pretty wealthy.

      But this is land going from a million millionaires to a dozen billionaires and that’s not good.

  • ulkesh@piefed.social
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    And this is the find out part of fucking around. Morons.

  • BoofStroke@sh.itjust.works
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    And they’ll be bailed out and subsidized as always. Farmers are the richest poor people you’ll ever meet.

    • VieuxQueb@lemmy.ca
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      The billionaires are looking for farmlands lately. The farmers are just poor millionaires, they might not get a bailout if the billionaires can make a profit by buying cheap.

      • VieuxQueb@lemmy.ca
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        And then you get less food, thus more expensive food thus the billionaires make even more profits! It’s a win/win for the billionaires.

  • NauticalNoodle@lemmy.ml
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    There are worse things than being asset-rich, cash-poor.

  • AlteredEgo@lemmy.ml
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    The USA is loosing like 65 farms a day since 2017. It’s a cultural genocide.

    • krashmo@lemmy.world
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      This is two comment sections in a row where I’ve seen you use that word for no apparent reason. Give your yap a rest from the genocide talk.

      • AlteredEgo@lemmy.ml
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        I learned it from watching you

        • krashmo@lemmy.world
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          Huh

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